THE EFFECT OF RETURN ON EQUITY ON COMPANY VALUE WITH THE INDEPENDENT BOARD OF COMMISSIONERS  AND THE AUDIT COMMITTEE AS MODERATING VARIABLES

Achmad Daengs GS; Enny Istanti; Diana Zuhro; Retno Susanti; Sutini Sutini; Ruchan Sanusi; Syafi'i Syafi'i; Sutopo Sutopo; Ali Muhdor; Bramastyo Kusumonegoro

doi:10.55606/ijemr.v1i2.36

THE EFFECT OF RETURN ON EQUITY ON COMPANY VALUE WITH THE INDEPENDENT BOARD OF COMMISSIONERS AND THE AUDIT COMMITTEE AS MODERATING VARIABLES

Authors

Achmad Daengs GS University 45 Surabaya, Indonesia
Enny Istanti Bhayangkara University Surabaya, Indonesia
Diana Zuhro University 45 Surabaya, Indonesia
Retno Susanti University 45 Surabaya, Indonesia
Sutini Sutini University 45 Surabaya, Indonesia
Ruchan Sanusi Bhayangkara University Surabaya, Indonesia
Syafi'i Syafi'i Bhayangkara University Surabaya, Indonesia
Sutopo Sutopo Bhayangkara University Surabaya, Indonesia
Ali Muhdor Bhayangkara University Surabaya, Indonesia
Bramastyo Kusumonegoro Bhayangkara University Surabaya, Indonesia

DOI:

https://doi.org/10.55606/ijemr.v1i2.36

Keywords:

ROE, Tobin's Q, Independent Board of Commissioners, Audit Committee.

Abstract

The purpose of this study was to analyze financial performance as measured by Return on Equity (ROE) on firm value as measured by Tobin's Q as well as to analyze the Corporate Governance mechanism as a moderating variable. The aim of this research is to find empirical proof about (a) the influence of financial performance to firm value, (b) the influence of independent commissioners as moderating variable in the relationships between financial performance and firm value, (c) the influence of audit committee as moderating variable in relationships between financial performance and firm value. The sample of this research is mining firms which are listed on the Indonesia Stock Exchange (IDX) over 2008-2011. The research sample are 10 firms with 39 observations. To analyzed the data using software SPSS ver. 16.0.

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Published

2022-08-14

How to Cite

Achmad Daengs GS, Enny Istanti, Diana Zuhro, Retno Susanti, Sutini Sutini, Ruchan Sanusi, … Bramastyo Kusumonegoro. (2022). THE EFFECT OF RETURN ON EQUITY ON COMPANY VALUE WITH THE INDEPENDENT BOARD OF COMMISSIONERS AND THE AUDIT COMMITTEE AS MODERATING VARIABLES. International Journal of Economics and Management Research, 1(2), 175–193. https://doi.org/10.55606/ijemr.v1i2.36